Sánchez announces a public consultation to decide on the BBVA OPA to Banco Sabadell

The president of the government says in Barcelona, before the presidents of both banks, that the executive wants to know the opinion of the entrepreneurs, organizations and citizens to make a decision “with guarantee”

The government will refine the hearing before deciding whether or not to make the BBVA opa on the Sabadell Bank. The operation will only receive the green light from the Council of Ministers if it respects “the general interest” of the citizens. President Pedro Sánchez has said in Barcelona, after announcing that from tomorrow it opens a period of public consultation to probe the pros and cons generated by the Basque bank’s offensive on the vall…

The president of the government of Spain, Pedro Sánchez, announced this Monday, from Barcelona, that before the executive branch takes a decision regarding the historic opa of BBVA on the Bank of Sabadell, approved with conditions by the National Commission of Markets and Competition (CNMC), will open "a public consultation" tomorrow so that citizens and companies can contribute their opinion. "Our intention and desire is that our companies win …

This Tuesday, May 6, the government will open a public consultation to decide on the OPA of BBVA to Banco Sabadell, as announced by the president of the government, Pedro Sánchez, from Catalonia at the opening of the 40th meeting of Cercle d'Economy. He has said so during the 15-day period that the government has to decide if the operation is to be submitted to the Council of Ministers. "Our desire is to help companies grow, but as long as this …

The government of Spain reported that it will open a public consultation on the proposed acquisition of Banco Sabadell by its biggest rival, BBVA, in order to gather the opinion of citizens’ associations and organizations. Pedro Sánchez, the Spanish Prime Minister, explained that his administration aims to help companies to improve in competition matters and to benefit the “common interest of the country and its citizens.” The Spanish government…

The president of BBVA, Carlos Torres, has defended the OPA on Banco Sabadell. “The union with Banco Sabadell is a growth project, to create a stronger and better prepared bank for the future”, he has pointed out to later refer to the “critical” context in which Europe is immersed. In Torres’ eyes, the merger between the two financial institutions not only represents a “growth project”, but also leads to “benefits for all” in Catalonia, Spain and…